Leadership of Alan Joyce in Business Samples †MyAssignmenthelp.com

Question: Discuss about the Leadership of Alan Joyce in Business. Answer: Leadership and leaders approach are always a matter of study. From time to time, many leaders came in business world and revolutionised the context of leadership. Through this easy leadership of Alan Joyce has been discussed and analysed. Alan leadership journey is truly inspirational as from working class family to the corporate leader, through-out the journey he made himself as an example of honest, humble, result-oriented and open to learning leader. His leadership is always focused for better achievement of organisational objectives and people orientation (Goleman, Boyatzis, and McKee, 2013). Alan Joyce is an Irish-Australian Businessman and now the Chief Executive Officer of Qantas. He was born in Tallaght, Ireland in 1966. His father was a worker in Tobacco Factory and mother was a cleaner. In 1986, he was graduated from Trinity College, Dublin with specialisation in Physics and Mathematics. In 1987, he completed his Masters inManagement Science form Trinity College, Dublin. He is also a Fellow of the Royal Aeronautical Society (BCG 2010). He started his career in Aer Lingus, which is a Flag Carrier of Ireland; he worked there for eight years and worked in different functional areas like sales, marketing, operation, fleet planning, information technology, network planning and many others. In 1996, he left Aer Lingus and joined Ansett Australia. There he worked in network planning, network strategy function and in schedule planning. Then he left Ansett Australia in 2000 and he joined Qantas. He led network planning, network strategy function and in schedule planning in Q antas. Then in 2003, he appointed as Chief Executive Officer of Jetstar, which is a subsidiary of Qantas. After three years, in 2006, he was appointed as Chief Executive Officer of Qantas (BCG 2010). During his tenure in Qantas, he seen and experienced different big transformations company wide and industry wide. He has gone through the phase where Qantas has experienced difficult time. He managed the revenue growth, diversification and expansion for Qantas in many aspects. He led the outstanding financial performance in 2016, which is the best performance in 96 years old history of Qantas. Also, in his leadership Qantas touched a new high of customer satisfaction and employee engagement. During his Jetstar journey, he was the man behind establishing the well appreciated operations through-out Australia and Asia. In 2015, his outstanding contribution in Aviation field has been recognised. He was named as Airline CEO of the year by CAPA centre. He is also announced as the most influential gay leader for two years in OUTstanding/Financial Times list of "Top 100 Leading LGBT Executives". His considerable contribution towards aviation industry, tourism industry, gender equality, incl usion and diversity, supporter of Indigenous education and community named him as Companion of the Order of Australia (AC) in 2017 on Queen's Birthday. Apart from his CEO Job in Qantas, he is conferred with different roles such as Director of the Business Council of Australia, Member of the Male Champions of Change and Ambassador of the Australian Indigenous Education Foundation (Qantas 2017). Leadership and the way of leading by Alan Joyce explain how leadership can transform an organisation from an underperformer to an extraordinary performer. He always has the belief that good leadership is on the basis of a great vision, strategy and a well-directed team. He is a supporter of diversifiedmanagement team. According to Alans understanding, a goodmanagement team should be comprised of different team members from different educational backgrounds, education and skills (Fairhurst and Connaughton, 2014). A diverse team will enable a broad view on any aspect of leadership in managing a business organisation. He led his team through empowering them and allowing them to ask question. He motivated his team for entrepreneurial steps but always guided for calculated risk. He made himself as a collaborative, open and honest leader for his people. Regarding mistakes, he always supported the view of accepting mistakes and owning mistakes and learning from them. In crisis situation he led his team towards desired result through focusing on what is unknown. Alan transformed Qantas with his commendable leadership and proved himself as a Transactional Leader who always delivers best result for the organisation (Carter and Greer, 2013). Leading business organisation in an influential way shows the leadership attributes of any business leader. There are various leadership theories and approached are in practice, amongst all Transformational and Transactional Leadership is widely practiced. Transformational Leadership style depends on inspiring followers and motivating them to achieve more (Deichmann and Stam, 2015). Other side Transactional leader provide guidelines; and manage, organise, directs and controls their followers to achieve the desired goals. Both leadership styles have their own limitations and benefits. In real business world, combination of transformational and transactional leadership works best and Alan Joyce is the best example who has the balanced leadership approach in leading his organisation (McCleskey, 2014). Alan Joyce is leader whose bold vision enables Qantas to tap the rapidly growing market Asian Passenger; he also built a diverse team consisting multicultural and modern work force that going to contribute in the growth story of Qantas (Colbert, Barrick and Bradley, 2014). The jaw dropping announcement on 29th October 2011 by Alan Joyce to ground entire airline, made him an overnight discussion in business world. His decision was criticised most business leaders, government and he was blamed for making industry unstable and creating problems for customers. Alan did it with a vision, a vision for Qantas. Irrespective all these factors, discussion; Alan emerged as the winner. He was able settle down the conflict between Qantas and three unions. This hard, criticised leadership decision of Alan put an end mark on the deadlock between Qantas and the three unions. This way he resolved a problem which was very important from operational and revenue aspect of Qantas but somehow in this manner Qantas has lost some brand value. The Union problem has been solved but customers were affected by the decision (BCG, 2010). Alan is a big believer of creativity and innovation. He always inspired his team to work in a collaborative manner. He creates fantastic team and in turn the fantastic team provided outstanding results for Qantas. Alan always advocated the concept of transactional leadership that leaders have to give rewards to their followers to make them decisive. He suggested future generation leader about benefits of transactional leadership as he suggested that in old organisation, people understood the art of avoiding responsibility and accountability (Hemlin et al., 2014). Being a well-known and successful leader; Alan always stands as transparent persona in admitting his mistakes. He included the event of setting up of unassigned sitting for Jetstar. It cost losing business class customers. He revised his decision quickly and introduced assigned siting and made the carrier more preferable to business class passenger. A good leader is one who knows how to take calculated risk. Alan Joyce is the right example here. He made mistake regarding unassigned siting but improved the decision by reversing it. It shows resect to customers preferences; which ultimately work well for the betterment of Qantas (O'Sullivan, 2015). Alan Joyce is a leader who has guided business organisations with a clear and precise vision, his decision making skills made him an outperformer in an ever changing industry. His belief on his team, his humble behaviour and collaborative nature made him a mix of transactional and transformational leader. His leadership actions are inclined more towards transactional leadership as he always motivated his team with rewards. This approach outshines with unmatchable performance of Qantas. From time to time, Qantas has faced many challenges beyond itsmanagement control; but the extraordinary visionary leadership skill of Alan Joyce has always proven that Qantas can do better with good team spirit and collaboration. Under Alan Joyces leadership Qantas is performing well when Airline Industry is going through a tough phase (BuRke, 2014). Alan Joyces has handled the above mentioned issue and transform Qantas through hard times into an organisation which performed financially well. The decision making power and strong dependency on his team, enabled Alan as a result oriented leader. He defined his leadership path with well organised and communicated vision. He strongly advocated the significance of purposeful and well directed communication in the context of better team performance. Corporate Leader is the most responsible person in any business settings; it has been well performed by Alan. He made mistakes but as a leader he always taken responsibility of those mistakes. As a transactional leader, he made corrections to those mistakes and Qantas turned into a better service provider and profitable business organisation (Qantas 2017). The relevance of leadership is in transformation of an Organisation. Alan is always a leader of making decisions which made industry eye-opened with many surprises. He advocated the concept of timely decision making with or without correct information; Taking decision reflects that organisation is with the situation, if the decision does not work well, an organisation is always having the chance of correct it. Alan is always made a balanced approach while dealing with internal and external issues. His communication approach made him the leader of people. His result orientation made him leader of stakeholders and his directing nature made him leader of his team. Alan has proven his transactional leadership in many aspects of Qantas and handling the international issues in the context of Aviation Industry (Lord and Dinh, 2014). References BCG 2010. The Future Leadership. Retrieved 3 October 2017, from https://www.bcg.com/documents/file42391.pdf BuRke, R.J., 2014. Human frailties in the workplace: their nature, consequences and remedy.Human Frailties: Wrong Choices on the Drive to Success, pp.3-52. Carter, S.M. and Greer, C.R., 2013. Strategic leadership: Values, styles, and organizational performance.Journal of Leadership Organizational Studies,20(4), pp.375-393. Colbert, A.E., Barrick, M.R. and Bradley, B.H., 2014. Personality and leadership composition in top management teams: Implications for organizational effectiveness.Personnel Psychology,67(2), pp.351-387. Deichmann, D. and Stam, D., 2015. Leveraging transformational and transactional leadership to cultivate the generation of organization-focused ideas.The Leadership Quarterly,26(2), pp.204-219. Fairhurst, G.T. and Connaughton, S.L., 2014. Leadership: A communicative perspective.Leadership,10(1), pp.7-35. Goleman, D., Boyatzis, R.E. and McKee, A., 2013.Primal leadership: Unleashing the power of emotional intelligence. Harvard Business Press. Hemlin, S., Allwood, C.M., Martin, B. and Mumford, M.D. eds., 2014.Creativity and leadership in science, technology, and innovation. Routledge. Lord, R.G. and Dinh, J.E., 2014. What Have We Learned That Is Critical in Understanding Leadership Perceptions and Leader?Performance Relations?.Industrial and Organizational Psychology,7(2), pp.158-177. McCleskey, J.A., 2014. Situational, transformational, and transactional leadership and leadership development.Journal of Business Studies Quarterly,5(4), p.117. O'Sullivan, M., 2015.Mayday: The Inside Story of the Fall of Qantas. Penguin UK. Qantas 2017. Qantas CEO. Retrieved 3 October 2017, from https://www.qantas.com/travel/airlines/qantas-ceo/global/en